Fraxtal Announces OP Airdrop for Super Users

馃巵 Triple rewards unlocked

By Frax
Oct 17, 2024, 4:21 PM
twitter

Fraxtal, part of the OP Superchain, is rewarding its super users with an $OP airdrop from Optimism.​ Eligibility can be checked at app.​optimism.​io/airdrops/52/.​

  • Fraxtal offers a unique 3-for-1 reward system: 1.​ FXTL (via Flox blockspace incentive) 2.​ FXS (existing incentives) 3.​ OP (new airdrop)

  • Users who didn't meet the 20-contract criteria for this airdrop will have future opportunities.​

  • Fraxtal is focused on long-term growth and building a community of DeFi super users.​

Security Note: Be cautious of phishing scams.​ Only use official Fraxtal channels for information and links.​

Sources

1/ We're dedicated to making Fraxtal as rewarding as possible. One of the ways we do that is by being part of the mighty OP Superchain. If you're a Fraxtal super user, you're receiving an $OP airdrop from @Optimism today. Check your eligibility here: app.optimism.io/airdrops/5

optimism.eth
optimism.eth
@Optimism

馃敶聽Use the Superchain, and reap the benefits 馃敶 Today, @Optimism unveils Airdrop #5: Onchain together, benefit together. 10M+ OP has been allocated to 54k+ unique addresses. As of today, roughly 550M OP remains for future airdrops.

Image
44
Reply
Read more about Frax

Frax Makes Waves at Bitcoin Conference with Regulatory Progress

Frax Makes Waves at Bitcoin Conference with Regulatory Progress

Frax marked significant milestones at The Bitcoin Conference as official sponsors, engaging with over 35,000 attendees. **Key highlights**: - Meetings with lawmakers including J.D. Vance about stablecoin vision - CEO Sam Kazemian discussed future plans with GENIUS+STABLE Acts authors - frxUSD launch designed to meet new regulatory standards - Thousands visited Frax booths to discuss strategy The company is actively working with federal and state leaders to integrate regulated payment stablecoins into the financial system. Visit [frax.com](http://frax.com) to learn more.

Frax Expands sfrxUSD to Sei Network

Frax has integrated sfrxUSD with Sei Network, enhancing stablecoin functionality across DeFi applications including jlyvrs and synnax_labs. Key updates: - Direct conversion between frxUSD and sfrxUSD now available on Sei - Integration powered by LayerZero Core technology - Simple staking/unstaking process through [frax.com/earn](https://frax.com/earn) This expansion follows recent integrations with Sonic Labs and other platforms, demonstrating Frax's continued cross-chain growth strategy. *Security Note: Users should only access services through official Frax channels to avoid phishing attempts.*

Frax Partners with Origin Protocol for New High-Yield Pool on Curve

Frax has launched a new yield-generating pool on Curve Finance in collaboration with Origin Protocol. The pool pairs frxETH with OETH and features LST (Liquid Staking Token) yield-boosted incentives. This follows Frax's recent expansion of yield opportunities, including their deployment on Fraxtal with dTRINITY_DeFi's lending loops and Ethena Labs integrations. - Pool is now live on Curve Finance - Features frxETH/OETH pairing - Includes LST yield boosting - Part of Frax's ongoing DeFi partnership strategy

Fraxtal Announces North Star Hard Fork and AI Integration Plans

Fraxtal, now a top 4 sovereign rollup with $300M TVL, announces major updates coming in February 2024: - Implementation of real-time blocks in 2025 - Partnership with IQWIKI for Agent Tokenization Platform - Development of AIVM (AI Virtual Machine) for onchain agents - Introduction of Frax Burn Engine (FBE) for gas fee management - FXTL tokenization with $FRAX tail emissions The protocol aims to excel in three key areas: decentralization/security, speed, and AI integration. Through Optimism Superchain, Fraxtal maintains Ethereum-level security while focusing on performance improvements and AI capabilities. *Note: Official updates only through Frax X and Telegram accounts.*

Ethena Labs Launches on Fraxtal L2 with New Curve Pools

Ethena Labs Launches on Fraxtal L2 with New Curve Pools

**Ethena Labs** has launched on Fraxtal L2, introducing new Curve Finance pools for USDe/FRAX and sUSDe/FRAX trading pairs. Key features: - LPs earn trading yield plus 30X Ethena Ethereal points - All activities on Fraxtal earn $FXTL points - Assets can be bridged via Stargate Finance Fraxtal recently achieved $200M TVL and aims to become a central DeFi liquidity hub. The platform emphasizes security, warning users to access only through official channels. *Bridge your assets now to participate in the new liquidity pools.*